{"id":12147,"date":"2018-04-30T07:21:20","date_gmt":"2018-04-29T19:21:20","guid":{"rendered":"http:\/\/propertynoise.co.nz\/au\/?p=12147"},"modified":"2018-04-30T07:21:20","modified_gmt":"2018-04-29T19:21:20","slug":"sydney-auction-clearance-rate-drops-below-60-per-cent-as-market-turns","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/sydney-auction-clearance-rate-drops-below-60-per-cent-as-market-turns\/","title":{"rendered":"Sydney auction clearance rate drops below 60 per cent as market turns"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p><strong>PHOTO:\u00a0The ball was in the buyer\u2019s court for this heritage-protected house at 9 Wardoo Road, Willoughby.<\/strong><\/p>\n<p class=\"first-para\">The Sydney auction market stumbled on Saturday with clearance rates dropping below 60 per cent. Auctioneers across the city found themselves presiding over standoffs as\u00a0prospective buyers endeavoured to stare down vendors on asking prices.<\/p>\n<p>The strategic tension between buyers and sellers was highlighted by the large number of \u201cpass-in negotiated\u201d auction sales.<\/p>\n<p>The clearance rate of\u00a058.1 per cent was one of the lowest results of\u00a0the year.<\/p>\n<div dir=\"ltr\"><a href=\"http:\/\/eepurl.com\/b-0d_f\" target=\"_blank\" rel=\"noopener\"><strong>GET INFORMED: RECEIVE OUR FREE E-NEWSLETTER 1 X A WEEK PLUS OTHER PROMOTIONS<\/strong>\u00a0<\/a><\/div>\n<p><img decoding=\"async\" class=\"gmail-m_379205851487838446m_5297141619173921201m_-7960824154639648718m_-1442327415991573044m_6210284689008423497m_-9019625617405570924m_-3120310885444461790m_-1631026384127715702gmail-alignnone gmail-m_379205851487838446m_5297141619173921201m_-7960824154639648718m_-1442327415991573044m_6210284689008423497m_-9019625617405570924m_-3120310885444461790m_-1631026384127715702gmail-size-medium gmail-m_379205851487838446m_5297141619173921201m_-7960824154639648718m_-1442327415991573044m_6210284689008423497m_-9019625617405570924m_-3120310885444461790m_-1631026384127715702gmail-wp-image-11652 lazyload\" data-src=\"https:\/\/ci6.googleusercontent.com\/proxy\/WpAReivVquAA_cFrz8bdYOMODU2X7mvYJReQDkIl5vRVuoDVK363uFownlGIsimRH6EjG6RUY56q3pmzxI25HAotH6j43-lpU8kWRe0A4LE4l4xyWoV_lbiSYVlJdYbosqE=s0-d-e1-ft#http:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2018\/03\/ENEWS-300x160.png\" alt=\"\" width=\"300\" height=\"160\" data-srcset=\"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2018\/03\/ENEWS-300x160.png 300w, https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2018\/03\/ENEWS-465x248.png 465w, https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2018\/03\/ENEWS.png 500w\" data-sizes=\"(max-width: 300px) 100vw, 300px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 300px; --smush-placeholder-aspect-ratio: 300\/160;\" \/><\/p>\n<p>READ MORE VIA <a href=\"https:\/\/www.domain.com.au\/news\/buyers-tried-to-stare-down-vendors-on-asking-prices-20180429-h0zem5\/\">DOMAIN<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; PHOTO:\u00a0The ball was in the buyer\u2019s court for this<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/sydney-auction-clearance-rate-drops-below-60-per-cent-as-market-turns\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":2,"featured_media":12148,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478099371,478098512,478098521,478098566,478098562,478098519,478098535,478098543,478098556,478098513,478098579,478098510,478098514,478098511,478098705,478098533,478098509],"class_list":["entry","author-wpcomsupport","post-12147","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-auction-clearance-rate","tag-australia","tag-australians","tag-first-home-buyers","tag-foreign-buyers","tag-home-ownership","tag-house-prices","tag-mortgages","tag-nsw","tag-property","tag-property-market","tag-property-news","tag-propertynoise","tag-real-estate","tag-real-estate-agency","tag-real-estate-agent","tag-real-estate-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Sydney auction clearance rate drops below 60 per cent as market turns - Property News Australia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/propertynoise.co.nz\/au\/sydney-auction-clearance-rate-drops-below-60-per-cent-as-market-turns\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sydney auction clearance rate drops below 60 per cent as market turns - Property News Australia\" \/>\n<meta property=\"og:description\" content=\"&nbsp; 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